Skill Level 2Occupations at Skill Level 2 typically involve the performance of tasks such as operating machinery and electronic equipment; driving vehicles; maintenance and repair of electrical and mechanical equipment; and manipulation, ordering and storage of information

Skill Level 3Occupations at Skill Level 3 typically involve the performance of complex technical and practical tasks that require an extensive body of factual, technical and procedural knowledge in a specialized field.

Skill Level 4Occupations at Skill Level 4 typically involve the performance of tasks that require complex problem-solving, decision-making and creativity based on an extensive body of theoretical and factual knowledge in a specialized field.

Professional Group characteristics and similar occupations

Numerical clerks obtain, compile and compute accounting, bookkeeping, statistical, financial and other numerical data, and take charge of cash transactions incidental to business matters (ILO, 2018).

Accounting and Bookkeeping Clerks

Payroll Clerks

Actuarial clerk

Brokerage clerk

Finance clerk

Insurance clerk

Mortgage clerk

BACKGROUND INFORMATION

Financial investment portals, websites that search and provide the cheapest insurance products on the market and statistical reports available for large public on internet, are only some of the possibilities available today directly, with no need of mediation. Yet not everything that is published on the web is the result of automated algorithm. Financial and insurance clerks should become less “clerk” and more “consultant”: i.e. they should improve their technical skills, in order to give their clients professional suggestions and visions that an algorithm is not able to give.

CASE EXAMPLES

Case Example 1

Case Example 2

Case Example3

Case Example 1

Calling itself an “insurance¬ robo-¬advisor,” Clark’s iOS and Android apps let manage and purchase various insurance products. Specifically, it uses algorithms to analyse the customer’s current insurance situation and automatically proposes opportunities to improve coverage or the deal the customer is currently on.

Case Example 2

There are many platforms that give the opportunity to trade online, such as Plus500, eToro, 24Option, etc and that require no specific skills to operate.

Case Example3

H20 is an open source Artificial Intelligence that has revolutionized the field of risk valuation by insurance companies, from the old system (experience, static data, ex post analysis, fraud), the AI age, founded on a plethora of robust background of data analysis, real time prediction and response